GlobeNewswire2 months ago
Northern Minerals & Exploration Ltd. (Stock Symbol: NMEX) is pleased to report that the Company has entered into an MOU with EnergyFunders to jointly participate in the exploration and development of oil and gas projects. On November 30, 2018 NMEX and EnergyFunders entered into a Memorandum of Understanding (“MOU”) to set forth the terms and conditions to jointly operate and pursue oil & gas projects. It was mutually agreed to create EF NMEX 18, LP, in order to joint promote domestic oil and gas drilling projects. Historically direct oil and gas investing is inefficient and antiquated.